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Report highlights Silicon Valley's uneven prosperity

Original post made on Feb 4, 2015

Fueled by a sizzling tech sector, strong population growth and low unemployment, the Silicon Valley economy has grown rapidly since the doldrum days of the 2008 recession. So, however, have the income gaps between the region's wealthiest and poorest residents, between its men and women and between its white and black residents, according to an annual report released Tuesday by the Joint Venture Silicon Valley.

Read the full story here Web Link posted Wednesday, February 4, 2015, 10:08 AM

Comments (2)

Posted by bgb
a resident of Old Mountain View
on Feb 4, 2015 at 4:06 pm

Having lived in Silicon Valley since the mid 60's and being part of the ups and downs, it's great to see the economy back on the right track. Having just returned from a trip to Bangkok and Tokyo, where heavy traffic and big crowds are the norm, I'm curious as to how we are going to resolve the traffic issue in the Bay Area. Bangkok has the tuk-tuk's and sky trains, and Japan has the most advanced transport system in the world.There has always been a lot of talk about improving the transit system in the Bay Area, however,it seems to be band aid plans rather than a total a plan that covers the whole Bay Area.

The thing that concerns me the most is the attitude of some of the young people in this valley. I have been in meetings, having discussions with individuals or just overheard conversations relating to the homeless,day workers and old people. Several people seem to believe that the "useless" people should be shipped out on trains and give place to the young innovators. Hitler spoke of that and took action. How sad that we are a nation not learning from history.

Posted by You get paid what u are worth
a resident of Monta Loma
on Feb 9, 2015 at 11:52 am

Sick and tired of this pay inequality BS. You get paid what you are worth, and thank God in a Capitalistic society you can move to a better job, or get better skills to get a better job. You are not limited like in a socialistic Societies. This is what makes America Great. If everyone made the same, there would be no want to get ahead.

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